134 karma · joined May 4, 2022
For instance, if today's active managers always lose their asses to new active managers arriving tomorrow, then any active manager you actually give your money to today is going to do way worse than an index fund, not just somewhat worse due to costs.
The set of active managers actually available at a given moment in time might be 100% long-term losers.
Assuming these are the tools they actually use, rather than a cumbersome set they invented just to be insufferable, then making the tools available seems like a fair way to (reluctantly) satisfy the right-to-repair demand.
I think a better indication of whether they're really honoring the right to repair is if they keep doing things like inventing new screws that existing tools can't open. Time will tell.
"I did personally guarantee three quarters of a billion dollars and I’m personally liable for it."
And it is how the title of the article expresses it:
"Better.com CEO Vishal Garg says he is ‘personally liable’ for $750M SoftBank loan"
But whether or not they're overly complicated, I think the reason why these things are grating is because they're less fun than coding up solutions to problems 15-20 years ago. Configuring containers is a pure exercise in versioning hell, and with the emergence of devops, it's impossible for developers to avoid.